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$260K
$43,701
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Try Picki for FREEConfidence
Medium
High
$300,000
Medium
$260,000
Low
$220,000
Confidence
Not Found
Experience the ultimate weekend getaway with this serene property located just 15 minutes from Eldorado. Nestled amidst open grazing land and light bush, it is surrounded by expansive bushland offering natural beauty and privacy. With a park dam and elevation, it provides an opportunity for unique gravity feed projects. Enjoy camping, riding, and creating your own personal retreat. This property guarantees complete freedom with access at any time, making it just a 35-minute drive to your haven. Perfectly positioned, it is 28 km to Wangaratta, 13 km to Eldorado, and 14 km to the freeway.
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89.8%
$1.25M
1.7%
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-$14,304
-
Asking Price
$260,000
Estimated Purchase Price
$260,000
Stamp Duty
$10,670
Transfer Fee
$714
Conveyancing
$1,196
Deposit (10%)
$26,000
Reg. Mortgage
$129
LMI Premium
$4,443
Renovation Costs
-
Total Cash/Equity Required
$43,701
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+7.7% PA
-
-
Rates
+3.0% PA
$1,725
$2,251
Water
+3.0% PA
$1,015
$1,324
Insurance
+3.0% PA
$1,250
$1,631
Repairs & Maintenance
+3.0% PA
$1,000
$1,305
Net Operating Income
-$4,990
-$6,511
Interest Repayments
$15,444
$15,444
Net Cashflow Before Tax
-$20,434
-$21,955
Depreciation
-
-
Tax Offset
-$6,130
-$6,586
Net Cashflow After Tax
-$14,304
-$15,368
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$277,680
$501,979
Loan Balance
I.O
$234,000
$234,000
$43,680
$267,979
Location, Location, Location. Selecting an investment location set to grow, gentrify and prosper can set our investments up for success. So how do we find these High Performance locations across Australia? Property Investment is a science. Our Data Scientists have analyzed the most important factors that help identify when an area is set up for strong investment opportunities.
2021 Population
Suburbs
Health Care and Social Assistance - 19.0%
Retail Trade - 11.0%
Manufacturing - 10.0%
Education and Training - 8.0%
Others - 52.0%
Average Income
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Trusted by over 13,000 property buyers and counting...
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projected
for 2024 to 2026
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Trusted by over 13,000 property buyers and counting...
Try Picki for FREEMonthly % Change in Median House Prices (Prev. Quarter)
Average Rental Yield
Average Vacancy Rate
Average Days of Supply
No data available
Average Population
Sold Price
Asking Price
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